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23 Hubbard Street
Islington NSW 2296
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Sold on 13 Dec 2023

23 Hubbard Street Islington NSW 2296

  • Factory, Warehouse & Industrial
  • 684 m²
  • Sold

Prime industrial investment opportunity in Islington

  • Zoned E4 General Industrial
  • Returning $96,265.08* net pa + GST
  • Building area 684sqm*

For Sale by Auction on Wednesday 13 December at 11am via online portal Realtair

23 Hubbard Street, Islington, a highly sought-after industrial property is situated in a prime location, zoned E4 General Industrial, offering tremendous potential for a wide range of industrial uses (STCA).

The free-standing industrial warehouse facility stands as a testament to both durability and aesthetics, featuring a combination of metal cladding and brick veneer. Currently, it is leased to a single tenant who has been in occupation for four years of a secure ten year lease, with the added benefit of two five year options. This guarantees a robust and reliable annual net income of $96,265.08* net per annum plus GST.

With its solid income stream, strategic location, and long-term lease, 23 Hubbard Street presents an exceptional investment opportunity in the vibrant Islington industrial market.

- Ten year lease with two five year options
- Returning $96,265.08* net per annum + GST
- Retail, office and warehouse space
- Building area 684sqm*
- Site area 819.07sqm*
- Zoned E4 General Industrial

*Approximately

AUCTION

Auction date and time13/12/2023 11:00
Auction locationIn Room
Commercial Collective
Commercial Collective
10 Newcomen Street
Newcastle, NSW 2300

Property Highlights

Date Sold13 Dec 2023
Floor Area684 m²
Land Area819 m²
ParkingAsk Agent
Building TypeWhole building
Property ID2018894911
Category
Last updated  13 Dec 2023
Map for 23 Hubbard Street Islington NSW 2296

Nearest transport* to 23 Hubbard Street Islington NSW 2296

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Commercial Collective
Commercial Collective
10 Newcomen Street
Newcastle, NSW 2300

Property Highlights

Date Sold13 Dec 2023
Floor Area684 m²
Land Area819 m²
ParkingAsk Agent
Building TypeWhole building
Property ID2018894911
Category
Last updated  13 Dec 2023

Co-Agents

Isaac Reville
Commercial Collective
Call
0401 468 759

More about 23 Hubbard Street Islington NSW 2296

23 Hubbard Street Islington NSW 2296 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 684 m² and a land area of 819 m². The listing ID for this property is 2018894911.

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